Archive for May 6th, 2009

KUALA LUMPUR: A day before the report on the controversial Port Klang Free Zone (PKFZ) project is due to be made public, Barisan Nasional MPs were briefed by the Port Klang Authority (PKA) yesterday and told that the cost of the project is more than RM10 billion. The escalating cost is largely due to interest... »

PETALING JAYA: The much anticipated audit report on the Port Klang Free Zone (PKFZ) which was supposed to be released Thursday has been held back due to technical issues. Port Klang Authority chairman Datuk Lee Hwa Beng said the report could only be released with the consent of its auditor PricewaterhouseCoopers (PwC). »

by Tim Leonard PETALING JAYA (MAy 6, 2009) : The damning disclosures in the audit report on the Port Klang Free Zone project have prompt calls for a swift probe and a call to annul deals that were done without full disclosure of conflicts of interest. In reaction to theSun’s front-page report on the audit report... »

By: by R. Nadeswaran and Terence Fernandez (Wed, 06 May 2009) newdesk@thesundaily.com PETALING JAYA (May 5, 2009) : The independent audit report on the Port Klang Free Zone (PKFZ) which is expected to be released this week is a damning disclosure of mismanagement, clandestine deals, conflicts of interest and a total disregard for transparency and accountability... »